The Instanex Skindia index (ISDI), which tracks 15 actively-traded Indian depository receipts fell 2.13 per cent to 510.28 on Wednesday, as compared to the previous close at 5:00 PM IST.
The decline among ISDI stocks was led by heavyweights such as the State Bank of India which was down 4.77 per cent, and Reliance which dropped 3.91 per cent.
The GDRs of Reliance were heavily traded in the morning session today, registering volumes of around 2,50,000.
Larsen & Toubro (L&T), the only gainer among Indian GDRs, advanced 3.38 per cent after Grasim valued L&T at Rs 292.50 per share (Rs 130 per share for the company
